Insrt
2 known investors
NFT-focused DeFi protocol whose ShardVaults give users fractional NFT exposure combined with passive yield.
Also known as $INSRT · Insrt Finance · Insrt Labs
Investors · 2
Company profile
researched Aug 2026Insrt, operating as Insrt Finance, is a decentralized finance protocol built around non-fungible tokens. It lets NFT holders, traders and DAOs deposit funds into vaults in order to earn returns on non-fungible assets, positioning itself as a "one-stop solution for metaverse capital markets."
Its first and core product is ShardVaults, which combine fractional NFT spot exposure with passive yield farming. A ShardVault holds a base NFT and issues "shards" — NFTs representing fractional ownership of that base asset. The base NFT is then deployed to generate yield, so shard holders can receive an annual percentage yield alongside their fractional price exposure. The design is intended to remove the large upfront capital requirement of buying whole blue-chip NFTs, and shard positions can be traded on secondary markets rather than being locked.
The project operates on BNB Smart Chain, where the $INSRT token (contract 0x605dF71C35c63Fd3ecC899A458399B9c995F656C) can be staked for BNB-denominated rewards that scale with holding time, and liquidity providers to the protocol's pools are rewarded in $INSRT. Total token supply is stated at 10 million. An airdrop distributing the native token to early platform users and TON ecosystem community members has also been described.
Founding story
Insrt Labs was founded in March 2022 by Lauris Zvirbulis, Daniel Tsoy and a pseudonymous crypto trader operating under the handle "hentai avenger."
Business model
Insrt operates a token-based DeFi protocol rather than a fee-charging enterprise product. Users deposit capital into vaults that acquire and deploy NFTs, receiving fractional shard NFTs in return; the protocol's native $INSRT token is used for staking and liquidity provision incentives, with liquidity providers rewarded in $INSRT and stakers eligible for BNB-denominated rewards tied to holding duration.
Value accrual is tied to the protocol's vaults and native token: yield generated by base NFTs held in ShardVaults accrues to shard holders, while $INSRT staking and liquidity provision distribute BNB and $INSRT rewards to participants.
▸Full profile — market position, technology, go-to-market, history
Market position
Insrt is an early-stage NFT-focused DeFi protocol. Its token had not been listed for trading on major exchanges as of the referenced coverage, with no publicly available live price, market capitalization or trading volume, and listing pages show zero circulating supply. Token trackers indicate the contract has no published audit or KYC verification.
The protocol's stated distinguishing feature is combining fractional NFT ownership with yield generation in a single instrument: rather than simply splitting an NFT into tradable claims, ShardVaults put the underlying base NFT to work so that shard holders receive yield in addition to spot exposure, while retaining the ability to exit via secondary-market trading.
Technology
The protocol is deployed on BNB Smart Chain, with the $INSRT token at contract address 0x605dF71C35c63Fd3ecC899A458399B9c995F656C. ShardVaults tokenize fractional claims on a custodied base NFT as algorithmically generated NFTs whose value derives from the assets locked in the platform; users interact through the web application at app.insrt.finance using BNB Smart Chain wallets, and shard positions are tradable on secondary venues including PancakeSwap.
Go-to-market
NFT holders, crypto traders and DAOs seeking yield or fractional exposure to non-fungible assets without committing the capital required to buy whole NFTs.
History
Insrt Labs, the entity behind the protocol, was established in March 2022 by co-founders Lauris Zvirbulis, Daniel Tsoy and a pseudonymous crypto trader known as "hentai avenger." The company raised $2.2 million in a pre-seed round structured as a Simple Agreement for Future Tokens, co-led by Hashkey Capital and Infinite Capital with additional investor participation. The protocol itself launched in December, ahead of March 2023. A $INSRT token contract on BNB Smart Chain is recorded with a launch date of 28 July 2023.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsThe Insrt Finance protocol launched in December, with ShardVaults as its first product offering fractional NFT exposure combined with yield generation.
Insrt Labs, the entity behind the protocol, was established by co-founders Lauris Zvirbulis, Daniel Tsoy and a pseudonymous crypto trader known as 'hentai avenger'.
Insrt Labs raised $2.2 million in a pre-seed round structured as a Simple Agreement for Future Tokens (SAFT), co-led by Hashkey Capital and Infinite Capital with participation from additional investors.
$2.2M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 7
primary sources listed
- Insrt Finance price today, $INSRT to USD live price, marketcap and chart | CoinMarketCapcoinmarketcap.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Insrt do?
- NFT-focused DeFi protocol whose ShardVaults give users fractional NFT exposure combined with passive yield.
- Who are Insrt's investors?
- Insrt's investors include Parc Capital, WWVentures.